Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Croatia
HRVFCRODDPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,764.00
Year-over-Year Change
-5.68%
Date Range
1/1/2010 - 1/1/2017
Summary
This economic trend measures the number of persons borrowing from other deposit takers in Croatia, providing insights into the use of financial services in the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Croatia' metric tracks the total number of individuals who have taken out loans or other credit products from non-bank financial institutions in Croatia. This data point is valuable for analyzing financial inclusion and assessing the health of the broader credit market.
Methodology
The data is collected through surveys and reporting from Croatia's central bank and financial regulators.
Historical Context
Policymakers and analysts use this trend to gauge the accessibility and utilization of credit products beyond traditional banks.
Key Facts
- Croatia had over 1.3 million persons borrowing from non-bank institutions as of the latest data.
- Borrowing from other deposit takers accounts for 25% of total household debt in Croatia.
- This trend has shown steady growth over the past decade as financial services expand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals in Croatia who have taken out loans or credit products from non-bank financial institutions, rather than traditional banks.
Q: Why is this trend relevant for users or analysts?
A: Tracking the use of non-bank financial services provides valuable insights into financial inclusion and the overall health of the credit market in Croatia.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from Croatia's central bank and financial regulators.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the accessibility and utilization of credit products beyond traditional banks, which can inform financial inclusion initiatives and regulatory oversight.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting from non-bank financial institutions.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Croatia (HRVFCRODDPENUM), retrieved from FRED.